Michigan is no stranger to white-collar crimes. These offenses involve fraud and deception and are usually carried out for monetary gain. You might want to know some statistics relating to these types of charges.
What are white-collar statistics by white-collar criminals?
The vast majority of white-collar crimes are committed by men. Only around 7% of people who commit these types of crimes are women. Most white-collar criminals are also the only criminal in their families.
In addition to men accounting for the vast majority of white-collar charges, three-quarters of people who commit these crimes are specifically white men. More than half of the perpetrators are married and around half own their own homes. Around half of white-collar criminals also hold college degrees from universities.
White-collar criminals who are Caucasian are more likely to commit bribery, counterfeiting, embezzlement and property crimes.
The average age of individuals who commit white-collar crimes is 41. However, half of all such criminals also range from 41 to 60. People older than 60 only make up around 4% of perpetrators while individuals younger than 26 make up 4.6% of white-collar criminals.
What are the trends and projections of white-collar crime?
Prosecutions for white-collar crimes have decreased more than 53% over the past decade.
One of the most widely perpetrated white-collar crimes is identity theft. It has also increased dramatically over the years thanks to advancements in technology and criminals becoming savvier than ever. In 2020, more than 10 million people were victims of this particular white-collar crime.
Companies employing fewer than 500 employees account for 69% of federal white-collar cases. These crimes are even prevalent within small businesses with fewer than 150 employees.
These are some of the most surprising statistics on white-collar crimes. A solid defense is needed in a case involving any type of such a charge.